at least you try and face reality albeit in a very simplistic...

at least you try and face reality albeit in a very simplistic way .

trouble is-the reality of the Telstra SP demise is far more complicated than that!

ps- one thing is for sure. it is totally moronic by some posters to brag that they are averaging down because they can't see it getting below $2.60, due to a glimmer of hope from 5G trials and NBN connections and a so called juicy divvy.

OK-it won't get to $2.60, but it will probably fall to $3 at least.
you have TPG about to announce their results and 4G cut price onslaught.
you have Optus about to announce their 5G plans.
if the 5G trials are successful for TLS, it will take years before all the infrastructure is fully operational.

and still nobody knows how much Penn is going to charge for data usage on 5G.
and nobody knows how TLS is going to fill the black hole from 2020 onwards, when they lose the one off bonanzas from NBN, which happens to be 30% of the current divvy.

my reco is a BUY below $3, and a SELL at $3.25.

cheers crazypunter